Data Academy

Expected Value (EV) in Sports Analytics Explained

Expected value measures the long-run accuracy of a projection vs the reference market value.

Expected Value (EV) for sports projections

EV = (probability of clearing × payoff if it clears) − (probability of missing × stake-equivalent). Positive-EV projections are accurate in the long run; negative-EV projections aren't — even if they happen to clear on a given night.

BetWizard estimates each event's true threshold-clear probability and flags positive-EV outliers automatically.

Related glossary terms

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